ZEEKR Intelligent Technology Holding Limited Sponsored ADR (ZK) has released an update.
ZEEKR Intelligent Technology, a burgeoning electric vehicle tech firm, showcased impressive growth in its first quarter of 2024 with vehicle deliveries skyrocketing by 117% year-over-year, reaching 33,059 units. The company’s financials reflected a 73% boost in vehicle sales and a significant 154.9% surge in gross profit compared to the same quarter the previous year. Despite these gains, the company reported a net loss, which, however, improved by 18% from the first quarter of 2023.
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